Initial public offering and listing on GEM
Announcement of issuance results
Sponsor (lead underwriter): Sinolink Securities Co.Ltd(600109)
hot tip
The application of Zhejiang Liansheng Chemical Co., Ltd. (hereinafter referred to as "Liansheng chemical" or "the issuer") for the initial public offering of 27 million RMB common shares (A shares) (hereinafter referred to as "this offering") and listing on the gem has been examined and approved by the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange"), It has been approved for registration by China Securities Regulatory Commission (zjxk [2022] No. 413).
The sponsor (lead underwriter) of this offering is Sinolink Securities Co.Ltd(600109) (hereinafter referred to as " Sinolink Securities Co.Ltd(600109) " or "sponsor (lead underwriter)"). The issuer's stock is abbreviated as "Liansheng chemical" and the stock code is "301212".
The issuer negotiated with the recommendation institution (lead underwriter) to determine the number of shares to be issued this time is 27 million, and the price of this issuance is 29.67 yuan / share, which does not exceed the median and weighted average of offline investors' quotation after excluding the highest quotation, as well as the securities investment Fund (hereinafter referred to as "public fund") and the National Social Security Fund (hereinafter referred to as "social security fund") established through public offering after excluding the highest quotation The lower of the median and weighted average of the quoted prices of the basic endowment insurance fund (hereinafter referred to as "pension"), the enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund (hereinafter referred to as "enterprise annuity fund") and the insurance fund (hereinafter referred to as "insurance fund") in accordance with the measures for the administration of the use of insurance funds.
According to the issuing price, the relevant subsidiaries of the sponsor will not participate in the strategic placement. Finally, this issuance will not be targeted to strategic investors. The difference between the initial strategic placement and the final strategic placement was 1.35 million shares, which were transferred back to offline issuance.
The offering of shares to non-public investors (hereinafter referred to as "A-NET") shall be carried out by means of combining the market value of the shares issued to non-public investors under the restriction of online placement (hereinafter referred to as "A-NET") with the market value of the shares issued to non-public investors under the restriction of online placement.
After the strategic placement callback and before the online and offline callback mechanism was launched, the number of offline shares was 19.035 million, accounting for 71.50% of the number of shares issued this time; The number of shares issued online was 7.695 million, accounting for 28.50% of the number issued this time. The final online and offline issuance quantity will be determined according to the callback situation.
According to the callback mechanism announced in the announcement of Zhejiang Liansheng Chemical Co., Ltd. initial public offering and listing on the gem, since the initial effective online subscription multiple is 892935750 times, more than 100 times, the issuer and the sponsor (lead underwriter) decided to start the callback mechanism and callback 20% of the shares issued this time from offline to online. After the call back, the final number of offline shares issued was 13.905 million, accounting for 51.50% of the total issued this time; The final number of shares issued online was 13.095 million, accounting for 48.50% of the total issued this time. After the call back, the winning rate of this online pricing issuance is 00190579712%, and the effective subscription multiple is 524714822 times.
The online and offline subscription and payment work of this offering has been completed on April 7, 2022 (T + 2). 1、 Statistics of new share subscription
According to the data provided by Shenzhen Stock Exchange and Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "Shenzhen Branch of China Securities Depository and Clearing Corporation"), the sponsor (lead underwriter) made statistics on the subscription of new shares issued online and offline, and the results are as follows:
(I) strategic placement
The issuing price of this offering does not exceed the lower of the median and weighted average of offline investors' quotation after excluding the highest quotation, and the median and weighted average of public funds, social security funds, pensions, enterprise annuity funds and insurance funds after excluding the highest quotation. Therefore, the relevant subsidiaries of the recommendation institution do not need to participate in follow-up investment.
This offering does not arrange strategic placement to other investors. Finally, this issuance will not be targeted to strategic investors.
(II) online subscription of new shares
1. Number of shares subscribed by online investors (shares): 12969731
2. Subscription amount paid by online investors (yuan): 38481191877
3. Number of shares waived by online investors (shares): 125269
4. Subscription amount abandoned by online investors (yuan): 371673123
(III) offline subscription of new shares
1. Number of shares subscribed by offline investors (shares): 13905000
3. Number of shares that offline investors give up subscription (shares): 0
4. Subscription amount abandoned by offline investors (yuan): 0
2、 Offline proportional restriction
The offline issuance part adopts the proportional sales restriction method, and the offline investors shall promise that the sales restriction period of 10% (rounded up) of the number of shares allocated to them is 6 months from the date of the issuer's initial public offering and listing. That is, among the shares allocated to each placing object, 90% of the shares are sold indefinitely and can be circulated from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange; The sales restriction period of 10% of the shares is 6 months, and the sales restriction period starts from the date when the issued shares are listed and traded on the Shenzhen Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline purchase, they do not need to fill in the arrangement of the restricted sale period for the placing objects under their management. Once the quotation is made, it is deemed to accept the arrangement of the online restricted sale period disclosed in this announcement.
In this offering, the number of shares paid and subscribed by offline investors is 13905000, of which the number of shares restricted for 6 months is 1392748, accounting for about 10.02% of the number of shares paid and subscribed by offline investors and 5.16% of the total number of shares issued to the public.
3、 Underwriting by the recommendation institution (lead underwriter)
All the shares that online and offline investors give up subscription are underwritten by the sponsor (lead underwriter). The number of underwritten shares of the sponsor (lead underwriter) in this issuance is 125269 shares, with an underwritten amount of 371673123 yuan and an underwritten proportion of 0.46%.
On April 11, 2022 (T + 4), the recommendation institution (lead underwriter) will transfer the underwriting funds together with the funds raised from offline and online issuance after deducting the recommendation and underwriting fee (excluding value-added tax) to the issuer. The issuer shall submit an application for share registration to CSDCC Shenzhen Branch and register the underwritten shares to the securities account designated by the sponsor (lead underwriter).
4、 Contact information of sponsor (lead underwriter)
If online and offline investors have any questions about the issuance results announced in this announcement, please contact the sponsor (lead underwriter) of this issuance.
The specific contact information is as follows:
Tel.: 021 Guangdong Huate Gas Co.Ltd(688268) 09
Contact: capital market department
Issuer: sponsor (lead underwriter) of Zhejiang Liansheng Chemical Co., Ltd.: Sinolink Securities Co.Ltd(600109) April 11, 2022
Zhejiang Liansheng Chemical Co., Ltd. (this page has no text, which is the seal page of the announcement on the results of Zhejiang Liansheng Chemical Co., Ltd. initial public offering and listing on the GEM)
Sinolink Securities Co.Ltd(600109) mm / DD / yyyy
